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Boosting Cooperation Between US and Egypt

Source: www.gulfoilandgas.com 10/15/2012, Location: Africa

Eng. Osama Kamal, Minister of Petroleum and Mineral Resources, received Ann Paterson, U.S. Ambassador to Cairo, at the Ministry of Petroleum headquarters . They discussed cooperation horizons between the petroleum sector and the American companies operating in Egypt for more than 50 years, which represent a successful example of Egyptian-American cooperation in various oil and gas industry domains.

The Minister of Petroleum discussed opportunities of increasing cooperation in the domains of the state - of - the art technology transfer and providing scholarships in engineering and geological, financing and project management domains with the U.S. Ambassador , as well as training opportunities for job hierarchies to raise the efficiency of workers in the Petroleum Sector. In addition, preparing and training these cadres to be qualified to fill leading positions, along with providing technical consultancy in the field of revamping the Egyptian oil refineries through short, medium and long term plans . Moreover, consulting exchange in the field of petrochemical industry, especially that Egypt is implementing ambitious projects in this scope , pointing out that there is an agreement about the vision and future of the Egyptian petroleum industry and availability of factors to attract more American investments in the coming phase.

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Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 


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